978 75th Ave Oakland, CA 94621
Fitchburg NeighborhoodEstimated payment $5,998/month
Highlights
- Corner Lot
- Tile Flooring
- Heating System Uses Natural Gas
- No HOA
- Partially Fenced Property
About This Home
Situated along the 75th Avenue corridor less than a mile from Coliseum BART, 978 75th Avenue is a fully occupied East Oakland fourplex offering immediate, stabilized income in an established rental neighborhood. The two-story building spans approximately 2,916 square feet across two 3BD/1BA and two 2BD/1BA units, each with a private entry, assigned parking, and updated kitchen with quartz countertops and shaker cabinetry. Three of four units operate under active HACA HAP contracts, with annualized gross income of $117,660 and a proforma NOI of $76,073. Separate utility meters for all four units keep the expense ratio at a lean 30.5% — tenants pay their own gas and electric. At $895,000 — $307/SF and $223,750 per unit — this is a rare chance to acquire a cash-flowing, HAP-contract fourplex in East Oakland at an 8.5% current cap rate, with current rents approximately 8% below market and a clear path to 9.5% at turnover.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 4,000 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
Home Design
- 2,916 Sq Ft Home
- Quadruplex
- Frame Construction
- Stucco
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- On-Street Parking
- Uncovered Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Community Details
- No Home Owners Association
- Bridge Aor Association
- Elmhurst Subdivision
Listing and Financial Details
- Tax Tract Number 4089
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,083 | $781,964 | $234,589 | $547,375 |
| 2024 | $13,494 | $766,634 | $229,990 | $536,644 |
| 2023 | $14,021 | $751,604 | $225,481 | $526,123 |
| 2022 | $13,430 | $736,870 | $221,061 | $515,809 |
| 2021 | $12,530 | $722,421 | $216,726 | $505,695 |
| 2020 | $12,383 | $715,020 | $214,506 | $500,514 |
| 2019 | $11,193 | $663,000 | $198,900 | $464,100 |
| 2018 | $4,813 | $200,388 | $60,116 | $140,272 |
| 2017 | $4,494 | $196,460 | $58,938 | $137,522 |
| 2016 | $4,288 | $192,608 | $57,782 | $134,826 |
| 2015 | $4,257 | $189,716 | $56,915 | $132,801 |
| 2014 | $4,477 | $186,000 | $55,800 | $130,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | For Sale | $895,000 | +27.7% | $307 / Sq Ft | |
| 01/14/2019 01/14/19 | Sold | $701,000 | +0.3% | $240 / Sq Ft | View Prior Sale |
| 12/21/2018 12/21/18 | Pending | -- | -- | -- | |
| 12/15/2018 12/15/18 | For Sale | $699,000 | -- | $240 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $701,000 | First American Title Company | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $670,500 | New Conventional | |
| Previous Owner | $350,000 | Construction |
Source: bridgeMLS
MLS Number: 41137423
APN: 041-4157-001-05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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